The location of marginal production for value-added and intermediate goods: optimal policies and trade volumes

Fuller, Frank H.

doi:10.31274/rtd-180813-10249

Cited by 1 publication

(1 citation statement)

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“…As with the soybean meal demand equation, the feed efficiency coefficients are treated as constants in equation 2.6, but the share of oilseed meal in ruminant rations is allowed to change as relative feed prices fluctuate. Theoretically, an ideal feed demand model should contain variable feed efficiency coefficients since feed prices, production factor prices, and technology are likely to change over time (Fuller, 1997). In the present study, however, this has been partly possible due to the lack of longitudinal data on ration compositions.…”

Section: Journal Of International Food and Agribusiness Marketingmentioning

confidence: 93%

The Oilseed Market in Turkey

Koc

Aksoy

Dolekoglu

2005

Journal of International Food & Agribusiness Marketing

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Owing to the suitable natural resource endowments, twelve different oil-related plants are grown in Turkey making it the largest producer in cottonseed, sunflower seed, cottonseed oil, and margarine in the Mediterranean Basin. However, Turkey has also been a net importer in both oilseeds and crude oils. It is the second largest importer in sunflower seed, sunflower oil, palm oil, corn oil, and third in soybean oil in the region. Using multi-commodity partial equilibrium simulation model, this paper analyzes the future consumption and trade patterns in the Turkish oilseed market. The model suggests that the deficiencies in major meals and oils will likely to persist if the present policies are sustained. If the tariff rates are lowered to 0% for sunflower seed and to 12% for sunflower oil, the total vegetable oil disappearance as well as the imports of sunflower oil, sunflower meal, and palm oil will continue to grow.

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Section: Journal Of International Food and Agribusiness Marketingmentioning

confidence: 93%